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A firm is looking at a new equipment with an installed costs of $438,000. The equipment will save the firm $129,000 per year in pretax

A firm is looking at a new equipment with an installed costs of $438,000. The equipment will save the firm $129,000 per year in pretax operating costs. Each year, it will be depreciated by 20% of the cost of equipment and the tax rate is 21%. Find an annual Operating Cash Flow.

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